# Resuming attacks on Ukrainian grain exports threatens 1% of dry bulk market: BIMCO | S&P Global

> BIMCO warned that renewed Russian missile attacks on merchant ships in Ukrainian ports threaten 1% of global dry bulk exports. Five merchant ships have been hit since September 2024, the first such attacks since November 2023. War-risk insurance premiums have already risen, though export volumes have so far been limited.

- Date: 2024-10-23 · published 2024-10-23T12:00:00.000Z
- Category: logistics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/14263-resuming-attacks-on-ukrainian-grain-exports-threatens-1-of-dry-bulk-market
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher war-risk insurance and possible disruption to Black Sea grain shipments could raise freight costs and food prices for importers.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-12-01 | [Ongoing Svitzer tug of war threatens grain exports - Mecardo](https://feedsoft.ai/events/38251-ongoing-svitzer-tug-of-war-threatens-grain-exports-mecardo.md) | -9.9% | -2.4% |
| WHEAT | 2020-09-18 | [Dry Bulk Quarterly: Supramaxes face troubled Q4 despite resurgent US grains exports \| S&P Global](https://feedsoft.ai/events/50980-dry-bulk-quarterly-supramaxes-face-troubled-q4-despite-resurgent-us-grains.md) | -1.2% | +8.3% |
| WHEAT | 2025-10-22 | [Dispute may threaten Victorian grain exports](https://feedsoft.ai/events/22404-dispute-may-threaten-victorian-grain-exports.md) | +4.0% | -0.8% |
| WHEAT | 2026-08-04 | [Russia’s grain exports fell 38% in July due to port attacks](https://feedsoft.ai/events/12809-russia-s-grain-exports-fell-38-in-july-due-to-port-attacks.md) | +0.1% | +5.3% |
| WHEAT | 2022-10-31 | [Despite Russia's Black Sea Decision, Grain Still Shipping Out of Ukrainian Ports Monday](https://feedsoft.ai/events/14451-despite-russia-s-black-sea-decision-grain-still-shipping-out-of-ukrainian-ports.md) | -5.6% | +2.4% |
| CORN | 2026-01-21 | [IMC reduced corn exports due to attacks on ports \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/14149-imc-reduced-corn-exports-due-to-attacks-on-ports-ukrainian-and-world-shipping.md) | +0.8% | +0.6% |
| CORN | 2023-02-21 | [Weaker Argentinian seaborne grain flows to weigh on ECSA freight market \| S&P Global](https://feedsoft.ai/events/37214-weaker-argentinian-seaborne-grain-flows-to-weigh-on-ecsa-freight-market-s-and-p.md) | -4.0% | -5.1% |
| CORN | 2026-08-04 | [Russia’s grain exports fell 38% in July due to port attacks](https://feedsoft.ai/events/12809-russia-s-grain-exports-fell-38-in-july-due-to-port-attacks.md) | -0.5% | +10.1% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/shipping/102324-resuming-attacks-on-ukrainian-grain-exports-threatens-1-of-dry-bulk-market-bimco

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.